Blackbaud
BLKB
214 hedge funds and large institutions have $3.39B invested in Blackbaud in 2016 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 89 increasing their positions, 73 reducing their positions, and 30 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 73
7% more capital invested
Capital invested by funds: $3.17B → $3.39B (+$222M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4% less funds holding
Funds holding: 222 → 214 (-8)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
67% less call options, than puts
Call options by funds: $550K | Put options by funds: $1.67M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$26.3M |
| 2 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$21M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$16.1M |
| 4 |
Janus Henderson Group
London,
|
+$11.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$31.7M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$25.3M |
| 3 |
RC
RGM Capital
Naples,
Florida
|
-$12.9M |
| 4 |
Renaissance Technologies
New York
|
-$11.8M |
| 5 |
NAM
Nichols Asset Management
Sudbury,
Massachusetts
|
-$8.44M |
BLKB Hedge Fund Activity: Q2 2016 in Review
214 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Blackbaud (BLKB) for Q2 2016, worth a combined $3.39B — up 7% from $3.17B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BLKB and 27 opened new positions — a net loss of 3 holders — while 73 trimmed existing stakes and 89 added.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $26.3M. The largest seller was Jackson Square Partners, cutting an estimated $31.7M.
- 214 institutional investors held Blackbaud (BLKB) as of Q2 2016, down from 222 in Q1 2016.
- Funds reported $3.39B of Blackbaud stock for Q2 2016, up 7% quarter-over-quarter.
- 27 funds opened new Blackbaud positions in Q2 2016 and 30 closed out, a net change of -3 holders.
- The largest Blackbaud buyer in Q2 2016 was TimesSquare Capital Management, an estimated $26.3M added.
- The largest Blackbaud seller in Q2 2016 was Jackson Square Partners, an estimated $31.7M sold.
Based on aggregated 13F filings for Q2 2016.